Sen. Chuck Schumer, D-N.Y., has a status update for Facebook co-founderEduardo Saverin: Stop attempting to dodge your taxes by renouncing your U.S. citizenship or never come to back to the U.S. again.

In September 2011, Saverin relinquished his U.S. citizenship before the company announced its planned initial public offering of stock, which will debut this week. The move was likely a financial one, as he owns an estimated 4 percent of Facebook and stands to make $4 billion when the company goes public. Saverin would reap the benefit of tax savings by becoming a permanent resident of Singapore, which levies no capital gains taxes.

At a news conference this morning, Sens. Schumer and Bob Casey, D-Pa., will unveil the “Ex-PATRIOT” – “Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy” – Act to respond directly to Saverin’s move, which they dub a “scheme” that would “help him duck up to $67 million in taxes.”

The senators will call Saverin’s move an “outrage” and will outline their plan to re-impose taxes on expatriates like Saverin even after they flee the United States and take up residence in a foreign country. Their proposal would also impose a mandatory 30 percent tax on the capital gains of anybody who renounces their U.S. citizenship.

The plan would bar individuals like Saverin from ever reentering the United States again.

“Eduardo recently found it more practical to become a resident of Singapore since he plans to live there for an indefinite period of time,” Tom Goodman, Saverin’s spokesman, told Bloomberg News in an email.

Last year 1,700 people renounced their U.S. citizenship.

Source: ABC News.

My thoughts on what some in the Tea Party call the Conservative Savior. Who really is Marco Rubion and what does he stand for? Is he just a puppet for the Bush family? This and much more. Subscribe to my channel for weekly updates and follow me @Fabian4Liberty

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If I Wanted America to Fail.

*Written by L.B. Frank.

Wow, was I in for a surprise last night. I had the pleasure of attending a US Congressional Candidate Forum for District 19 last night. I’m not going to say what state I live in, nor the names of the people running for office. I will make up names for them that better exude their personality or my impression of them. The following are my thoughts on the questions and their answers.

There were 8 candidates on stage last night. We had a Mitt Romney Wannabe, a Lawyer Kid, a Guy They Say doesn’t have a Chance, a Bean Counter from Washington, a Mitt Romney Wannabe #2, a Duck Phillips, a Formerly Libertarian Leaning Radio Show Host, and a Democrat. 7 of the 8 people on stage are running in the Republican Primary for US Congressional Seat 19 in our district, the last guy is the only Democrat running for the seat.

They were asked a series of questions off of the GOOOH questionnaire, and a series of questions from the audience. I submitted three questions, and none were asked. Boo. They were asked the questions, and then they had to hold up a red or green sign whether they were for or against the topic.

The first question was “Would you support any legislation that would alter the promise made to those 55 and up when it comes to their Social Security benefits?”.  All but one said “No”. That is “No” to privatizing, “No” to voluntary disassociation, “No” to raising the cap, “No” to lowering benefits. The Formerly  Libertarian Leaning Radio Show Host was the only one that said we have a $16 trillion dollar debt, and was the only one that would say that we had to look at everything on the table. I can respect that. I submitted a question to be asked, that wasn’t, “Is Social Security a Ponzi scheme?” The way that Social Security is run right now, it’s relying on the forced confiscation of wealth earned by tax payers in the form of FICA withholdings on their paychecks. The Congressional Budget Office estimates that Social Security will run out of money and be in perpetual RED in as little as 2016. The last time I looked at the calendar, it’s 2012. So, in an effort to garner the votes and campaign donations from the nearly 300 people in attendance, they said “No, I would rather let the Social Security bankrupt our country instead of tell you the truth”.

The second question was “Would you support any legislation that would alter, remove, abolish the Tax Code as it stand now and replace it with a flat tax or the FairTax?” All Greens on stage. The Lawyer Kid said basically that he supports a flat tax and the FairTax is dangerous. The FairTax is a 194 page legislation, but takes an over 400 page book to explain. That is not even remotely true. The FairTax legislation is 133 pages as written today, the book written by Neal Boortz and Congressman John Linder is  188 pages, that includes the Table of Contents and the Index in the back. He said it was dangerous because we don’t know what it will do, but it is wholly acceptable to support a flat tax, even thought that only adds to the complexity of the 3 million word, 76,000 page Tax Code we currently have today. He was saying that it is wholly acceptable to only tax producers in our economy. He was saying that is wholly acceptable to continue to have the world’s highest corporate tax rate. He was saying that it is wholly acceptable to keep the IRS to track you down and put you in a cage if you make a mistake on your tax forms and point a gun at you and force you to pay your taxes in weekly withholdings, whether you can afford it or not. He completely misunderstood and misrepresented the FairTax, where there are no corporate taxes, where you don’t have to file taxes, where you keep 100 percent of your income and investments. Only The Guy They Say Doesn’t Have a Chance said that the FairTax returns the tax system to the original constitutional restrictions and treats everyone equally, removes loop holes and lobbyists. The rest of them basically said, “Yeah, pander, pander, pander.” No solutions, nothing. If we want to get serious in this country about the economy, about jobs, about the future, we have to look at a solution that is simple and makes sense that also takes power out of the hands of government and returns it to the people. The FairTax is that solution. If only these people on stage would stand behind it, they promise “To fight for you!” Bull, show me by supporting legislation that will get the government out of my finances, out of my pay check and won’t throw me in jail if I don’t understand something with 76,000 pages and 3,000,000 words.

Later the question was asked, “Would you support any efforts to use legislation to decriminalize marijuana?” Now, I’m going to be as honest as I can, even though I’m writing on the Internet where nothing is true yet everything is believable. I have never smoked marijuana. I have never put any drugs into my body other than alcohol, caffeine, and medications. It’s not something that appeals to me. But, I am a warrior for freedom. I am a defender of liberty. And when I heard this question last night, I thought “Finally! A question that actually has value!” Nope. These so-called liberty-loving Republican candidates said “NOPE”. The Repubs all raised the red flag of the War on Drugs. The Lawyer Kid said “It’s a gateway drug, it’s dangerous, I don’t want kids smoking it and also there is this thing in the Constitution called the Commerce Clause, so yeah, I don’t think it’s a good idea.” The rest of them parroted his sentiments. Even though I know at least one of them on that stage has smoked before. “Commerce Clause??” Really? If the user grows the plant themselves, in their own garden, on their own property, and uses it in their own home, while consenting to administering the smoke of some sort of vegetation into his or her own body and THAT is enough justifiable reason for the imperial federal government to reach into your home and yank you out and put you into a cage?

“Article I, Section 8, Clause 3: [The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian tribes”

Where does it say that they have the authority to do so? These people, these men, these human beings, are appealing to us, the audience, the voters, more human beings, for  the authority and permission to hire men with guns to tell us how we are allowed to live. Don’t ever forget that. These holier than thou, righteous men want the power to tell you what you must do, what you are not allowed to do in your own home.

“IV Amendment of the Constitution: The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated.”

I’m sorry, but that is just wrong. And the worst part, the audience applauded them. Freedom dies every time the audience applauds unjust laws. They got us into $16 Trillion in debt, the “War on Drugs” has cost us a trillion dollars. After 40 years of this, even U.S. drug czar Gil Kerlikowske concedes the strategy hasn’t worked. “In the grand scheme, it has not been successful, forty years later, the concern about drugs and drug problems is, if anything, magnified, intensified.” We have already tried the whole prohibition thing, it doesn’t work. Violent cartels are making hundreds of millions, we are paying hundreds of millions to imprison hundreds of thousands for victimless crimes, we paying billions in a “war effort” that doesn’t make sense. If someone has a drug problem, they can be treated just like someone with an alcohol problem. If they are caught driving while intoxicated, treat them the same as with alcohol. The whole supply/demand paradigm works with drugs too, the demand is still there today, after forty years, but supplies are scarcer due to the black market effect and it raises the cost. If you increase the risk, you increase the cost. As the costs go up, but demand stays the same, the risk taking to get the money to purchase the product goes up, thus crime, violent crime. That is what should be punished and that is what would go down. Market forces would reduce the prices of the goods; reduce the crimes inherent in procuring the goods, tax dollars won’t go to waste in incarcerations. debt goes down.

If the thought that if it is dangerous and therefore should be outlawed is true, the candidates should have proposed to outlaw cotton candy, hamburgers and alcohol, among everything else in life. Too much of anything is bad for the body, the best way to reduce its use is through education and not more guns and more political power.

This Lawyer Kid and the rest of them are just pandering to the masses, while trying to sound strong, and in effect, trample on the Constitution, our Rights, they are treating us adults as children. We have brains, we can think, we don’t need a government to make decisions for us, and these people are trying to get the power to do so.

They asked a bunch more questions, like about ending the Federal Reserve, they all send “No”. “We need market stability” and crap like that. As if the market was worse prior to the Fed, fiat currency and so forth.

I walked away with more disgust in my stomach than anything else. They were cheered; it was like those in the audience didn’t even listen to them. “Yay! Take more of my rights away!” Remember the old saying “One man’s trash is another man’s treasure”? It’s the same thing with rights, just because you don’t use all of your rights, there might be someone else that does. Just because you don’t value some of your rights, doesn’t mean that there is another person’s freedoms being trampled on, and if their freedoms are being trampled on, so are yours.

This primary season and this November, please remember to vote on principles. Vote on what your heart tells you. Read the Constitution and vote down the line on what the Constitution authorizes and nothing else. These people last night, if elected, will get to vote on hundreds of issues over their time in office. They are promising you that they will vote on principles when they get there. You do the same. The way I see it, if they get to vote 100 times in Congress, and you only get to vote for them once, you have to make a decision that is 100 times more principled than theirs’. If everyone does the same, we might actually be able to vote a better class of people into Washington and have a better, freer future of us and our children. As for the Republican Party, I wished they learned from their mistakes from the past instead of repeating it like they did last night.

Did you know that the UN has a plan for running the world and it is right out in the open?  It is called “sustainable development”, but it is far more comprehensive than it sounds.  The truth is that the UN plan for running the world would dramatically alter nearly all forms of human activity.  A 204 page report on “sustainable development” entitled “Working Towards a Balanced and Inclusive Green Economy, A United Nations System-Wide Perspective” has been published in advance of the upcoming Rio + 20 United Nations Conference on Sustainable Development in Rio de Janeiro.  You can read the full reportright here.  It envisions a vast system of global carbon taxes, massive global safety nets and the implementation of a one world green economy.  Many of those that are pushing “sustainable development” on a global level believe that they are doing it for the good of the planet.  In fact, the 204 page report mentioned above even says that the transition “to a green economy requires a fundamental shift in the way we think and act” but that it will be worth it in the end.  What people need to understand is that throughout modern history tyranny has almost always been initially introduced by people that believed that they had “good intentions”.  No matter how much friendly language the UN uses in their reports, the truth is that what they are promoting is an insidious agenda of absolute tyranny on a global scale.

The upcoming Rio + 20 United Nations Conference on Sustainable Development in Rio de Janeiro comes 20 years after the original 1992 UN Earth Summit that adopted “Agenda 21“.  This new summit will be about renewing that commitment to “sustainable development” and moving that agenda forward.

A lot of people out there will not be alarmed by any of this because they know that the UN does not have the power to impose any of their goals on them right now.  But that is not the game that the UN is playing.

The UN is not playing a short-term political game.  The UN is ready to play their game for decades if necessary.  They will just keep coming back with conference after conference and treaty after treaty until they get what they want.

At the moment, the United Nations is operating as something of a “soft global government”.  The UN does not have the power to coerce nations to do their bidding yet, so they rely mostly on cooperation.  The UN will “take what they can get” right now, and they know that someday they will eventually have the power to turn their recommendations into mandates.

One of the things that the UN would love to implement is a global carbon tax scheme.  The power to tax is the power to control, and if the UN is ever given the power to tax the entire globe they will at that point become much more than a “soft global government”.

Right now, the UN is proposing a global carbon tax scheme that would come to as much as 0.6 percent of GDP for participating nations.  The following comes directly from the report….

CONTINUED at the American Dream.

An Exclusive interview, Alex Jones speaks with Sen. Rand Paul on NDAA, TSA undercover on Houston busses, Obama’s overall neglect of the Constitution, his possible impeachment and much more. This is a must see video.

A year ago, in Action Comics, Superman declared plans to renounce his U.S. citizenship.

“‘Truth, justice, and the American way’ – it’s not enough anymore,” the comic book superhero said, after both the Iranian and American governments criticized him for joining a peaceful anti-government protest in Tehran.

Last year, almost 1,800 people followed Superman’s lead, renouncing their U.S. citizenship or handing in their Green Cards. That’s a record number since the Internal Revenue Service began publishing a list of those who renounced in 1998. It’s also almost eight times more than the number of citizens who renounced in 2008, and more than the total for 2007, 2008 and 2009 combined.

But not everyone’s motivations are as lofty as Superman’s. Many say they parted ways with America for tax reasons.

The United States is one of the only countries to tax its citizens on income earned while they’re living abroad. And just as Americans stateside must file tax returns each April – this year, the deadline is Tuesday – an estimated 6.3 million U.S. citizens living abroad brace for what they describe as an even tougher process of reporting their income and foreign accounts to the IRS. For them, the deadline is June.

The National Taxpayer Advocate’s Office, part of the IRS, released a report in December that details the difficulties of filing taxes from overseas. It cites heavy paperwork, a lack of online filing options and a dearth of local and foreign-language resources.

For those wishing to legally escape the filing requirements, the only way is to formally renounce their U.S. citizenship. Last year, IRS records show that at least 1,788 people did, and that’s likely an underestimate. The IRS publishes in the Federal Register the names of those who give up their citizenship, and some who renounced say they haven’t seen their name on the list yet.

The State Department said records it keeps differ from those published by the IRS. They indicate that renunciations have remained steady, at about 1,100 each year, said an official.

CONTINUED at Reuters.

*Written by Rob Rimes.

Anybody but Obama! That has been the mantra shouted out by Republicans and Tea Partiers all over America for quite some time now. The reality pill that no one on the right is willing to swallow that I myself took a double dose of a few years ago is that the two groups are really just one in the same. Sure, the Tea Party talks a big game and I really wanted to give them the benefit of the doubt.. no, I really did. However, this 2012 election cycle on top of their complete lack of real vigilance after their hollow midterm victory in 2010 has just gone on to prove my worst fears about these “non-partisan” big talking “fiscal” conservative hacks.

So as I type this while sitting at the bar in my favorite local Irish pub, I must reflect on the incident that inspired this article. You see, it was just this past Saturday that my local chapter of the Tea Party decided to hold an event in an effort to celebrate Tax Day. By “celebrate”, I mean bitching and moaning about crazy spending and government waste while trying to sound like true fiscal warriors out to chop off the heads of our big government leviathan. Now I didn’t attend this Tea Party and truth be told, I haven’t gone to one in well over a year because I just don’t see the point in trying to parade around with those who are primarily hypocrites and blind to the fact that their actions have a stark contrast to their rhetoric. Honestly, I’d rather spend my afternoon eating ribs and going to a bar to work on my writing in an effort to really bring forth some change in this country or at least give some ammunition to the hundreds of thousands who read my words regularly. I did witness the latest installment of the angry Anti-Obamanoids however and I can’t not share what I saw and my thoughts on it and the whole Tea Party movement in general at this point.

I tried to blow passed them but I couldn’t help but slow down my car and gawk at the ludicrous display, as I rolled by the event on my way to the local barbecue joint. My how the mighty have fallen in just a short short time. The saddest part, and I can only speak about my local chapter, is it looks like the numbers of participants has dwindled from where it was just two years ago. It was kind of sad actually. In what is a pivotal election year, participation at this rally was nowhere near the magnitude of the monstrous rallies that were spread across America leading up to the 2010 midterm elections. It’s like two-thirds of the Tea Partiers were satisfied enough with the Republicans taking back the House of Representatives that this much bigger election doesn’t even matter. This lack of participation has been apparent in the fact that the number of people voting has been down quite consistently across all the primaries from just four years ago when Obama bitchslapped McCain and his Alaskan parrot.

Then again, maybe those two-thirds that seem to be missing are of a much smarter stock and have decided to abandon the hopeless Tea Party crusade as I have. Maybe, just maybe, they see the forest for the trees and understand that this “Anybody but Obama!” mantra is complete and utter bullshit! Yes, Obama is shit as president and this isn’t in any way being written in defense of him but to think that anyone could just walk onto the job and do better is fucking moronic and completely careless. It just goes to show how clueless a lot of these damn dolts are. The fact that the roadside was decorated with Mitt Romney signs further proves my point.

You see, even just a few months ago, these Tea Party people – while screaming, “Anybody but Obama!” – were adamantly opposed to Mitt Romney. These tea-sippin’ geniuses clung onto every other candidate that wasn’t Romney in an effort to get someone to the top of the heap. Then again, for the most part, the vast majority of the Tea Partiers didn’t give Ron Paul a real shot at the top. Everyone else got their day though: Rick Perry, Michele Bachmann, Herman Cain, Newt Gingrich and Rick Santorum. Hell, even Jon Huntsman gained some key delegates early in the voting process. However, during this long and arduous game of pass the hot potato, no one gave it to the only guy who actually practices what these hypocritical hobbits preach. Again, as I’ve pointed this out countless times, Dr. Paul gave birth to the Tea Party but the group that exists now is just the Tea Party In Name Only. So I guess “Anybody but Obama!” doesn’t include the only guy who could statistically beat Obama. This is why Republicans continue to fail and why the Tea Party is deader than shit.

These people don’t want a real solution to the things that they bitch and complain about. What they want is for a Republican victory over the Democratic led progressive machine. I guess the fact that the guy that all these anti-Obamanoids are now rallying around is also a progressive doesn’t really seem to matter. You see, these people are the establishment and they are a part of the problem. Their goal is soulless and their aim is bullshit. Now that the smoke is starting to clear, these people are lining up behind Mitt Romney, the guy they all talked shit about for years. The same guy who provided the model for Obamacare in Romneycare. You know, Obamacare – the issue that got these people so up in arms just 24 months ago!

So why do they now support this guy? Because the Tea Party has been co-opted and taken over by sheep and shepherds who don’t understand that they are really just sheep as well. These people, who are typically glued to the O’Reilly Factor and Rush Limbaugh day-to-fucking-day, don’t have the aptitude for politics that they believe they do. They’re malleable idiots being shaped and formed by the pontificating jackturds who speak to them from the other side of a speaker or screen where the words they utter are manufactured by a sinister agenda fueled by corporatist pigs and an unrelenting all-too-powerful two party system. This isn’t conspiracy theorist lunacy, it is facts – plain and simple. To deny it only solidifies your ignorance. To not question everything and educate yourself just shows that you give way too much trust over to people you do not know who only have their own best interests at heart. And this just really goes back to my earlier comment about the Tea Party’s complete lack of real vigilance.

If the Tea Party was as vigilant as they claimed they were and if they stood for the principles plastered across their signs, they’d have already put several of their heroes’ feet to the fire. I don’t have to look much further than my own state of Florida to give examples of Tea Party sweethearts who have proven to be nothing more than progressive neocon establishment bitches. Marco Rubio, a senator from Florida who many Tea Partiers want to run alongside Romney, has been fiscally irresponsible, supported unconstitutional war, tried to limit the freedom of speech, supported pro-police state legislation across the board and committed many other heinous acts that should completely disqualify him from being a Tea Party superstar. Allen West, a Florida congressman, has also voted almost consistently in-line with Rubio while sitting on the House side of Congress. Then there’s Michele Bachmann, who is just a complete mess and a retched dingbat, as well as Herman Cain who proved that giving deals on pizza toppings doesn’t make you knowledgeable enough to become president. The long list of Tea Party politicians that stormed the steps of Congress two years ago have gone on to perpetuate the madness they ran against while still gaining the approval of the intellectually lazy Tea Party majority.

As I drove by the event this past Saturday, I did notice a few young people holding up a giant Ron Paul banner. Those kids get my respect and at least there are a few sane people left in a sea of bad apples. While their valiant effort was dwarfed by the overabundance of Romney propaganda, they did look like the only people there who were actually enjoying themselves. Then again, the ex-soccer moms and their obedient husbands, whose kids are now adults and moved out of the house, did show a wee bit of energy waving their “Anybody but Obama!” signs from the comfort of their overpriced and overly-stylized lawn chairs. They probably don’t want to overexert themselves like the three youngsters with the Ron Paul banner however, as their senior entitlements may soon run dry. Who’s fault is that really?

I understand that there are people, some who I am still friends with, that feel it is necessary to play this Tea Party game. The truth is, it’s a waste of time. The real movement is dead and has been dead for quite awhile. Even if it could magically be brought back to its early glory, it would still be associated with the Tea Party name and just like the words “liberal” and “conservative” before it, the name “Tea Party” has been so bastardized and abused that there is no coming back from the shitty abyss it has sunk to. Fuck these giant corporately co-opted groups. It’s time for people to be self-educated, self-starting, self-thinking individuals again and let the bullshit die. Find your own path and don’t be swayed and if you come across those who share your principles and your beliefs, embrace them. Just stay truly vigilant and don’t let them piss all over the dream and leave it a urine-soaked carcass not even worthy of being kicked around for sport. At least the Occupy Wall Street movement had the sense to tell corporate sponsorship to fuck off. With that, they get more respect from me than the Tea Party, who has continually compromised their principles and values because one really doesn’t have those things when they are just adopted from what some billionaire pundit has dictated to his obedient flock.

If you people were really worried about the state of this country, you’d do something about it. Something real, something that actually mattered! However, that starts with getting off of your asses and doing your own self-educating. And yes, I’m talking to all you people with stacks of books with the names Beck, O’Reilly, Limbaugh, Levin, Savage, Coulter, Ingraham and Hannity scrawled across their spines. Maybe it’s time to trade those in for books with the names Mises, Rothbard, Hazlitt, Hayek, Friedman, Sowell, Rockwell and Paul on them. What’s the worst that could happen? You might actually learn something, gain my respect and be a lot less of a fucking tool.